Quantitative Credit Risk Management Role - Model Validation/IRB Model

Job Description :

Hiring : Quantitative Credit Risk Management Model Validation of IRB Models (Internal Ratings Based approach)

-NOTE : Master's or Bachelor's degree in Mathematics, Statistics, Physics, Economics, Financial Engineering, Quantitative Finance, Data Science or related quantitative disciplines from Tier-1 Institutes is -MANDATORY-

Location : Powai, Mumbai

Experience required : 6 - 8 years (Associate), 8 - 10 years (AVP), 10 - 13 years (V.P)

We are hiring for the Quantitative Credit Risk Management Model Validation of IRB Models (Internal Ratings) team.

Key Responsibilities :

- Independent validation of IRB (Internal Ratings Based) Credit Risk Models

- Assessment of model conceptual soundness and methodology

- Implementation testing and model performance review

- Model risk analysis, sensitivity testing and calibration assessment

- Preparation of model validation reports and governance documentation

- Support regulatory reviews and model risk control processes

Mandatory skills :

- IRB Model Validation experience

- Exposure to Basel regulations

- Python and data analytics experience

- Credit Scorecard / Rating Model experience

- Strong understanding of Credit Risk Modelling

- Knowledge of PD, LGD and EAD Models

Education : Master's or Bachelor's degree in Mathematics, Statistics, Physics, Economics, Financial Engineering, Quantitative Finance, Data Science or related quantitative disciplines from Tier-1 Institutes is -MANDATORY